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Solutions to in-calss exercises_Chapter 3

# Solutions to in-calss exercises_Chapter 3 - (A \$102.5977(B...

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1 Solution to in-class exercise 1  Answer D     Since the price of a Treasury bond is  quoted in percent and 32nds of one  percent of par value (of \$100), the five  price quotes given can be converted to   dollar prices of \$102.3828

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Unformatted text preview: (A) , \$102.5977 (B) , \$102.8867 (C) , \$102.9922 (D) , and \$102.0918 (E), respectively 2 Solution to in-class exercise 2 Answer B \$2,025 = × + × ) 2 % 4 ( ) 2 % 5 . 2 1 ( 000 , 100 \$...
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